Golden Visa UAE Costs and Benefits 2024
The UAE Golden Visa, also known as a long-term residency visa, is given to foreign investors, entrepreneurs, qualified professionals, and exceptional talent. It has several benefits, including the freedom to study, live, and work in the UAE. Golden Visas can be issued for 5 or 10 years and are renewable.
Dubai Golden Visa: What Are The Benefits?
The UAE created the Golden Visa to offer more security to people who want to settle there. Golden Visa holders can enjoy many benefits, including:
- Golden Visa holders may live, work, or study in the UAE for up to ten years.
- Golden Visa holders can own their businesses 100%. They do not have to look for a sponsor to conduct almost any business activity.
- Golden Visa holders may apply for work in any UAE-based company.
- UAE driving license. Golden Visa holders from one of the 32 approved countries will automatically be eligible for a UAE driver's license.
Golden Visa UAE's Latest News and Rules
The Golden Visa is valid for ten years now.
A new category of Golden Visa applicants has been added. Abu Dhabi's government has expanded the categories of professionals eligible for Golden Visa eligibility.
- Senior scholars and clerics
- The 4th Industrial Revolution and elite industry specialists
- Specialists in the health field
- Specialists in Education
Why Get a Golden Visa for the UAE?
The benefits you receive from a Golden Visa depend on the visa category you have applied for. The general benefits are as follows:
- You can live, study, and work in the UAE without restrictions.
- Bringing family members (spouse and kids) to the UAE is possible.
- You can travel to and freely from the UAE.
- Possibility to own property within the UAE
- Open a Business in the UAE.
- Access to high-quality healthcare and education.
- A high standard of living.
Golden Visa UAE Eligibility
The UAE Golden Visa eligibility requirements vary according to the visa you are applying for. The general eligibility requirements are:
- It would help if you were a non-UAE national.
- You must possess a valid passport.
- You must not have any criminal convictions.
- If you want to apply for a visa, you must be able to meet all the requirements.
Golden Visa UAE Real Estate Investors
Real estate investors must own a property worth at least AED 2 million for the Golden Visa. The property has to be located in the UAE and be a freehold.
Golden Visa UAE for Public Investors
For the Golden Visa, public investors must invest at least AED5 million into a project in the UAE. The UAE government has to approve the project.
Golden Visa UAE for Students
To qualify for the Golden Visa, you need to be enrolled in a full-time university degree program in the UAE. A valid student visa is required.
Golden Visa UAE to Humanitarian Pioneers
To qualify for the Golden Visa, you must have made significant contributions to humanitarian causes. It would help if a reputable institution recognized you for your work.
Golden Visa UAE Doctors And Nurses
For doctors and nurses to be eligible for a Golden Visa, they must hold a valid license in the UAE. You must also have at least five years of experience in the field you are applying for.
Golden Visa for Coders
The UAE has also launched a Golden Visa for exceptional coders. To qualify, you must be a highly skilled coder with an established track record. A valid UAE work permit is also required.
Golden Visa Extended Categories For Abu Dhabi
Abu Dhabi's government has also increased the number of categories granted Golden Visas. The Abu Dhabi government has also expanded the available Golden Visas categories.
- A retired individual with a pension of at least AED 20,000 per month.
- A high-net-worth individual with assets of at least AED 10 million.
- A member of an investor or entrepreneur family who has invested a minimum of AED 10 million in Abu Dhabi.
